Ponzi Pays His Investors Authorities Hard at Work
Governor Coolidge presses forward with the Ponzi case as Samuel Spring is named a special assistant attorney general. State officials refuse to comment while audits proceed and Ponzi insists no law can force asset disclosure. He argues reauditing is unnecessary until liabilities are established.
MENTIONED IN THIS ARTICLE
Coolidge
Samuel Spring
Ponzi
Pride
Edwin L. Pride
Mr. Spring
Allen
Ponzi’s Fall River Office Still Closed
Fall River August 4. The Securities Exchange office here remained locked all day as investors waited. Agent Ernest Alessi did not appear again. Several noteholders maturing this week named an agent to visit the Boston office to collect.
MENTIONED IN THIS ARTICLE
Fall River
Securities Exchange
Ernest Alessi
Boston
Run on Ponzi Dwindles as Cash Shortfall Looms
The run on Ponzi dwindled yesterday with only a handful at 27 School Street, $313,285.75 paid out bringing total payouts since Monday to $1,085,437.87. Ponzi, in a white Palm Beach suit, visited his Hanover Street bank office then dined at Garden Court while maintaining plans for a cash reserve to cover liabilities. Guards have been stationed at his offices as strong-arm men guard against further chaos.
MENTIONED IN THIS ARTICLE
Ponzi
School Street
Hanover Street
Hanover Trust Company
Garden Court
Boston
Pride
Amos B. Carver
Brookline Peddler Uses Ponzi Sign Advertising
A Brookline peddler selling potatoes at Washington and Station streets displayed a Ponzi sign to attract customers. Authorities warned that endorsing notes could create legal liability, with notes bought by speculators risking full face value plus interest. Rumors circulated about attorneys seeking Ponzi noteholders to petition for bankruptcy.
MENTIONED IN THIS ARTICLE
Brookline
Washington
Station Streets
Ponzi
Demands Official Action on Ponzi Matter in Boston
The Boston News Bureau calls for swift official action in the Ponzi scheme case amid public contempt for delays. It argues the public and small savers need protection and questions officials’ audits and bickering while Ponzi continues to take in funds and delay payouts.
MENTIONED IN THIS ARTICLE
Boston News
Boston
Ponzi
Christopher Columbus
Ponzi claims assets at least seven and a half million
In a Boston Theatre lobby press session, Charles Ponzi asserted his assets would be at least 7.5 million dollars in cash and said his liabilities do not exceed half a million. He pledged to begin an asset audit and resume business, planning a new enterprise by Monday and seeking suitable office space.
MENTIONED IN THIS ARTICLE
Ponzi
Boston Theatre
Legion Man Sought For Boxing Commission Seat
The State executive committee of the American Legion voted to request Governor Coolidge place an American Legion member on the State Boxing Commission. State Adjutant Leo A. Spillane was to draft resolutions for National Legion Headquarters to seek voluntary subscriptions to the Legion Weekly. Vice-Commander Francis J. Madden was appointed to the Legion hospital committee.
MENTIONED IN THIS ARTICLE
The
American Legion
Coolidge
State Boxing Commission
Leo A. Spillane
National Legion
American Legion Weekly
Legion
Francis J. Madden
Legion's
Veterans outing day praised by committee for ex-service men
A new committee to assist all ex service men at government and private hospitals was formed. It unanimously voted to thank Henry J Sailor Ryan and Louis K Idggett for their efforts in making last Friday's wounded veterans outing a splendid success.
MENTIONED IN THIS ARTICLE
Henry J
Sailor) Ryan
Louis K. Idggett
Trawler Sued Over Boston Harbor Collision
The Eastern Steamship Corporation sues beam trawler Spray in U S District Court seeking 20700 dollars in damages from a collision in Boston Harbor on April 6 between Spray and the Steamship Ransom B Fuller.
MENTIONED IN THIS ARTICLE
Portland
United States District Court
Eastern Steamship Corporation
Boston Harbor
Ransom B. Fuller
Summer Health Ads Promote Euro-Phosphate and Bitro-Phosphate
An advertisement claims modern foods lack phosphorus and urges summer use of Euro-Phosphate and Bitro-Phosphate. It cites Dr Harrigan of the North Eastern Dispensary and reports observers note improved nerve energy, vigor, and endurance in weary, anxious readers seeking health and ambition.
MENTIONED IN THIS ARTICLE
America
Joseph PD. Harrigan
North Eastern Dissensary, N
Also Mentioned on This Page
Lehn & Fink, Inc
Gilchrists
Mr. Carver
Post
Eben D. Jordan Estate
Niles Building
Pelletier
Trawler
Beaudette & Graham M CO
Vasa Ce
Boston 9
Mass
Regal Oxford
Theo Tiz
Orera
Regal Shoe
Regal Shoes
Tremont Street
Boylston
Summer Street
Cor
Bedford
Cor. Court
Providence Worcester
Westminster Street
Kingsley
Main Street
Chatham
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